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Slovenia: GDP down by 13% in second quarter

In the first half of 2020 -7.9% year-on-year

31 August, 14:00
(ANSA) - BELGRADE, 31 AGO - In the second quarter of 2020, the gross domestic product (GDP) in Slovenia decreased by 13.0% over the second quarter of 2019 , the Slovenian national Statistical Office (SURS) announced today, noting that in the first half of 2020 GDP decreased by 7.9% compared to first half of 2019.

According to SURS, a high decrease was observed in the majority of GDP components, in particular in domestic consumption (-12.0% year-on-year in the second quarter) and final household consumption (-11.8%) expenditure had the greatest impact on GDP decline. In the second quarter of the year exports also decreased by 24.5% over the second quarter of 2019. Also employment decrease in the same period, by 2.0%, with 20,706 persons less at work. The most hit sectors were administrative and support services, in manufacturing, and in accommodation and food service activities. (ANSA).

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